Finance Score: 5

Governance Score: 6

Support Score: 0

Good reserves management: +3
Strong growth: +2

Good trustee age range: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 11

BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL

THE DEVELOPMENT OF THE ART MUSEUMS OF ISRAEL

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
Reserves management has been consistently within official guidelines
There has been strong growth in spending over the last 5 years, despite a decline more recently
The Board appears to be well diversified in terms of age and gender

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/03/23		£1,181	£1,028	£152	£229	£14,291	£602	7	1
31/03/22		£562	£948	£-387	£102	£13,896	£449	5.7	2
31/03/21		£720	£943	£-223	£119	£13,534	£311	4	2
31/03/20		£1,373	£1,062	£310	£352	£11,562	£637	7.2	2
31/03/19?	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a
30/09/17	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 4%
Reserves/Spending: 7 months
Net Current Assets/Spending: 3 months
Quick Ratio: 6.9

Asset Split ?

Established: 7 years

www.bfami.org

info@bfami.org

02034638715

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Makes Grants to Organisations

Where it operates

Throughout England,

Who it helps

The General Public/Mankind

Who works here?

1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Based on 6/7 persons

Age Range of Trustees: 49-79

CATHERINE MARTHA WILLS Appointed: 2021

GIORGINA DJANOGLY Appointed: 2016, Occupation: Director, Other trusteeship: BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL,

BRIAN JACK MARKESON Appointed: 2018, Occupation: Chartered Accountant, Other trusteeships: BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL, NATAN FOUNDATION, MARCH OF THE LIVING (UK) LIMITED, THE LONDON BOARD FOR SHECHITA,

CHAIM ZABLUDOWICZ (Chair) Appointed: 2016, Occupation: Chairman & Ceo

EDWARD LEE Appointed: 2016, Occupation: Director, Other trusteeships: BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL, JEWISH FUTURES TRUST LIMITED,

PAMELA CRYSTAL Appointed: 2018, Occupation: Director, Other trusteeship: BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL,

THE HON MARION NAGGAR Appointed: 2016, Occupation: Director, Other trusteeship: BRITISH FRIENDS OF THE ART MUSEUMS OF ISRAEL,

Legal constitution

Charitable company registered in England & Wales on 07/02/2017, number: 1171510
Registered at Companies House on 20/09/2016, number: 10384576

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

6 returns made; AR19: 3 days late, AR17: 240 days late,

Main office

Third Floor
24 Chiswell Street
LONDON
EC1Y 4YX

Objectives

THE CHARITY IS ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT TO ADVANCE ARTS, CULTURE AND HERITAGE THROUGH THE FURTHERANCE OF THE DEVELOPMENT OF THE ART MUSEUMS OF ISRAEL (THE MUSEUMS) AND OTHER ARTISTIC OR CULTURAL ORGANISATIONS, BODIES AND INSTITUTIONS OPERATING IN ISRAEL (THE INSTITUTIONS).

Data Sources